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SensaAI slashes false alerts in AML monitoring
A major Australian bank serving around one million customers across Australia and New Zealand has successfully tackled longstanding inefficiencies in its anti-money laundering (AML) operations by adopting SymphonyAI's technology.
Mastering SOE screening and fuzzy matching in compliance
Navigating regulatory compliance remains one of the most challenging tasks for businesses operating today, especially in the UK. Companies are under increasing pressure to...
Making the case: Why it’s time to modernise sanctions screening
Sanctions compliance is becoming increasingly complex, driven by rising geopolitical tensions, a surge in regulatory demands, and the growing number of sanctioned individuals and entities.
How AI Agents are reshaping security and financial crime compliance operations
The banking sector is facing growing challenges around managing overwhelming volumes of alerts in both security operations centres (SOCs) and financial crime compliance (FCC)...
Traditional screening isn’t enough: Why FIs must rethink sanctions compliance
Sanctions compliance has traditionally relied on name-based screening and public watchlists to flag potential threats, but as financial crime tactics evolve, this approach is...
Fincom lands fresh backing from Nasdaq Ventures and Macquarie to boost...
Fincom, a RegTech company specialising in anti-money laundering (AML) compliance, has completed its Series B funding round, marking a significant step in its international expansion plans.
AI and accurate data: the future of sanctions and AML screening
In an increasingly complex global risk landscape, the quality and timeliness of screening data have become central to compliance strategies.
Why banks must replace, not augment, legacy AML systems
Many financial institutions are still holding onto legacy anti-money laundering (AML) systems, opting to layer new technology over outdated infrastructure rather than starting afresh.
While...
From spreadsheets to smart compliance: The RegTech revolution in AML risk...
As regulatory demands intensify and financial crimes grow more complex, financial institutions and regulated businesses are under mounting pressure to modernise their risk assessment...
How compliance leaders can harness AI responsibly in financial services
Artificial intelligence is no longer a future prospect for financial services; it is a present reality, evolving quickly and reshaping the compliance landscape. From enhancing risk detection to improving operational efficiency, AI offers immense potential. However, its rapid adoption also brings fresh regulatory questions, new risks, and ethical challenges.
